The Latest Breaking News from Recession

The risks are growing that the UK could slide into a recession. But property experts predict the market will cool rather than crash

The Fed will continue raising interest rates this week as inflation continues to soar. Some CEOs worry the fight to bring prices under control could end up sparking an economic downturn.

The Australian share market has plunged on global fears of rising interest rates in the US. Business reporter Sue Lannin unpacks what it all means.

Australian, US and global stocks are dumped by investors as they worry more aggressive interest rate rises by the US Federal Reserve could tip the global economy into recession.

U.S. stocks entered a bear market, Treasury yields spiked to levels not seen in a decade and the dollar rallied as the fallout from a hot inflation reading continued to rattle global trading already shaken by worries the Federal Reserve will plunge the economy into a recession.

Wells Fargo analyst Gabe Hajde raised the price target for Greif, Inc (NYSE:GEF) to $73 from $71 while maintaining the Overweight rating on the shares. The analyst increased the price target reflecting on what he believes to be the solid operational execution. Despite persistent supply chain challenges, Hajde is encouraged to see another quarter of…

The S&P 500 dropped 2.4% in the first chance for investors to trade after getting the weekend to reflect on the stunning news that inflation is getting worse, not better

For months, Chair Jerome Powell has held out hope that the Federal Reserve will be able to raise interest rates high enough to throttle rampant inflation without tipping the economy into recession

Amid the heightened volatility in the market on concerns over rising inflation and a potential recession, we think fundamentally sound stocks Anthem (ANTM), Qiagen (QGEN), Bayer Aktiengesellschaft (BAYRY), Amdocs (DOX), and McKesson (MCK), which are currently trading at significant discounts to their peers, could be wise investments now. In addition…